Payment of Balance Purchase Price Sample Clauses

Payment of Balance Purchase Price. (1) On the Settlement Date, the Buyer must pay the Balance Purchase Price by bank cheque as the Seller or the Seller’s Solicitor directs.
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Payment of Balance Purchase Price. 2.2 input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled. Deposit
Payment of Balance Purchase Price. The Assignor will be responsible for and will pay any money payable by the Assignor in respect of the Property. In particular, the Assignor undertakes to pay the balance of the purchase price for the Property if it has not been paid for in full at the date of this Assignment.
Payment of Balance Purchase Price. The balance of the Purchase Price amounting to United States Dollars Sixteen Million and Nine Hundred and Ten Hundred Thousand (US$16,910,000.00) only (hereinafter called "the Balance Purchase Price”) shall be settled within Ninety (90) days from the date hereof (hereinafter called “the Completion Date”) by the issuance of shares by the Purchaser to the Vendors or the Vendor’s nominee(s) amounting to 7,000,000 units of its shares (hereinafter called “the Purchaser’s Consideration Shares”) at par of US$0.001 per share. The Purchaser’s Consideration Shares shall rank pari passu in all respects with the existing Purchaser’s shares save and except for dividends to be declared for the financial year ending 31st August 2007.
Payment of Balance Purchase Price reimbursement under this contract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.
Payment of Balance Purchase Price. 3.1 Subject to Clause 3 herein below, the balance purchase price of the sum of Ringgit Malaysia Eleven Million Two Hundred Five Thousand (RM11,205,000-00) only (hereinafter referred 10as "the Balance Purchase Price") shall be paid by the Purchaser to the Vendor's Solicitors as stakeholders within three (3) months from the date of this Agreement or within three (3) months from the date of the fulfillment of the last of the conditions precedent stated in Clause 7.1, whichever shall be the later (hereinafter referred to as the Completion Period") failing which, the Vendor shall grant to the Purchaser an extension of thirty (30) days within which to pay the same or such outstanding part thereof (hereinafter referred to as "the Extended Completion Period") Provided that the Purchaser shall pay interest on the Balance Purchase Price or such outstanding part them of at the rate of ten per centum (10%) per annum on a daily basis from the commencement of the extended period aforesaid until full settlement. The final date for payment in full of the Purchase Price shall hereinafter be referred to as "the Completion Date" which expression shall include any extension granted pursuant to this Agreement or otherwi5egranted by the Vendor in writing. If the Completion Date falls on a Sunday or a public holiday completion shall take place on such other day as may be agreed by the parties or in default of such agreement on the day other than a Sunday or public holiday next following the Completion Date.
Payment of Balance Purchase Price. At the consummation of the purchase and sale of the Property (the "Closing"), Buyer shall deposit with the Escrow Agent an amount (the "Closing Payment") equal to the Purchase Price, as adjusted for transaction expenses and prorations as provided in this Agreement, less the Deposit and interest earned thereon.
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Payment of Balance Purchase Price. The balance of the Purchase Price amounting to United States Dollars Four Million Four Hundred Twenty Six Thousand and Four Hundred and Seventy (US$4,426,470.00) only (hereinafter called "the Balance Purchase Price”) shall be settled within Sixty (60) days from the date hereof (hereinafter called “the Completion Date”).
Payment of Balance Purchase Price. The balance of the Purchase Price amounting to United States Dollars Seven Million Nine Hundred and Twenty Six Thousand and Five Hundred (US$7,926,500.00) only (hereinafter called "the Balance Purchase Price”) shall be paid and settled within a period of three years from the date hereof and in manner herein set forth: Tranche Date of settlements on or before Partial payment amount in US$ Related terms and conditions 1 31st December 2008 4,426.00 Payable in cash and / or in other forms of assets acceptable to the Vendor. 2 31st December 2009 1,000,000.00 Payable in cash and / or in SIAF shares calculated at 85% of its three months’ average of its market prices from the date leading up to the date of settlement. 3 31st December 2010 1,000,000.00 Payable in cash and / or in SIAF shares calculated at 85% of its three months’ average of its market prices from the date leading up to the date of settlement. 4 11th November 2011 1,500,000.00 Payable in cash and / or in SIAF shares calculated at 85% of its three months’ average of its market prices from the date leading up to the date of settlement.

Related to Payment of Balance Purchase Price

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

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